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Dell has threatened almost all of it’s employees that it will begin Axing down employees if they don’t agree with the companies policy of taking a week off without pay(unpaid leave).
Employees got a memo today from CEO Michael Dell, stating to cut the companies costs and increase profit this quarter.
Part of Dell’s scheme asks workers to take up to five days off without pay sometime within the next three months. The company also instituted a global hiring freeze, is offering voluntary severance packages, cutting travel budgets, and sacking temporary and contract employees.
We’re taking action in this fourth quarter to reduce costs and improve Dell’s long term competitiveness in a time of economic uncertainty, said Dell spokesman David Frink.
It’s a common pattern now that even technology companies along with financial institutions are slaying of it’ most important assets(Human Resource) like anything. Of course, just like PC market share, Dell plays second fiddle to Hewlett-Packard in mass sacking. HP announced in September it would lay off 24,600 jobs worldwide as it merges the massive IT services organization EDS with its own existing massive IT service organization.
[via ZDNET]
Wow. If I worked at Dell, I would consider my days numbered. Who does Michael Dell think can survive without a week’s pay? I have an idea…what’s his salary? Why doesn’t he and his top executives take a pay cut so he doesn’t have to ask this of the people that make his company go.